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What is Leasevana?

Leasevana is a Windows desktop application designed specifically for lease accounting in accordance with IFRS 16, primarily serving corporate finance teams and lessees. The application calculates right-of-use (ROU) assets and lease liabilities derived from lease agreements, and it also produces schedules for amortization and depreciation. Finance professionals can adjust these schedules to reflect renewals, extensions, early terminations, and changes in consideration, enabling them to track incremental borrowing rates and weighted-average discount rates relevant to new leases and reassessments. Moreover, the software supports IFRS 16 disclosure reporting and includes an optional PDF lease abstraction feature that can leverage a Google Gemini API key provided by the user to automatically retrieve vital information such as dates, options, and payment amounts. Leasevana functions locally on Windows without the need for cloud storage or external databases, thereby enhancing data privacy and security. It is available for free download from the Microsoft Store, although users are encouraged to seek guidance from qualified professionals to confirm the accuracy of their results. With its intuitive design and comprehensive features, Leasevana aims to significantly enhance the efficiency of the lease accounting process and provide users with valuable insights into their leasing activities. This makes it an essential tool for organizations looking to manage their lease obligations effectively.

What is IRIS Lease Accounting?

Seamlessly attain compliance with IFRS 16 and ASC 842 standards through IRIS Lease Accounting. This cutting-edge solution empowers organizations to streamline their compliance procedures in line with contemporary lease accounting regulations, optimize leasing operations, align strategies across different departments, and improve overall leasing outcomes. IRIS Lease Accounting serves as a dependable resource that simplifies the process of adhering to both IFRS 16 and ASC 842. Professionals in the finance sector, including those in publicly listed companies and government entities, rely on IRIS Innervision to transform their leasing processes, integrate their data efficiently, and automate compliance with lease accounting standards. By moving away from cumbersome spreadsheets, organizations can readily fulfill the latest lease accounting mandates, ensuring sustained compliance year after year while also acquiring critical insights into their leasing practices. This approach not only enhances operational efficiency but also supports informed decision-making regarding lease management.

Media

Media

Integrations Supported

Gemini

Integrations Supported

API Availability

API Availability

Pricing Information

Free
Free download and use.
Free Version

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Wicked System Studio

Company Website

wickedsystemstudio.com/leasevana.html

Company Facts

Organization Name

IRIS Software Group

Date Founded

1978

Company Location

United Kingdom

Company Website

www.iris.co.uk/products/iris-innervision/lease-accounting-software/

Categories and Features

Lease Accounting

Not specified

Categories and Features

Lease Accounting

Not specified

Lease Management

Lease Classification
Portfolio Management

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